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A collective investment scheme the investors pay money into in exchange for units. The money is invested in a diversified portfolio of assets.

A mathematical test used to determine whether a claim is true or false.

The sum of a set of numbers added together and then divided by the total amount of numbers in that set.

A situation in which a market or industry is controlled by a small group of companies.

These are stocks in companies that are considered to be “growing”. These companies may be delivering new products and services, or entering new markets.

The average annual return an investor sees over a set period of time.

The amount a lender charges for lending your money, or a borrower pays you for borrowing your money.

A form of fraud designed to lure new investors, and pays the earlier backers by using the new investors' money.

What is a zero coupon bond?